Headlines discussed at LNWM’s Monday morning briefing: — US unemployment is expected to remain around 11%, even after an estimated 2.4 to 3.9 million workers were
Headlines discussed at LNWM’s Monday morning briefing: — The Federal Reserve set limits on how much large US banks could pay in dividends and share buybacks, based
Headlines discussed at LNWM’s Monday morning briefing: — The Federal Reserve said it will gradually shift into buying individual US corporate bonds instead of bond
Headlines discussed at LNWM’s Monday morning briefing: — The Federal Reserve expects US GDP to drop 6% in 2020 before rebounding 5% in 2021; intends to keep its ke
— The US economy regained 2.5 million jobs in May (vs. a loss of more than 7 million expected), with more needed: almost 20 million fewer Americans are working cur
Headlines discussed at LNWM’s Monday morning briefing: — Fed Chair Jerome Powell said the Fed is days away from making direct loans to small and mid-size US busine
Headlines discussed at LNWM’s Monday morning briefing: — As expected, April showed a contracting US economy — retail sales down 21.6% vs. April 2019 an
Headlines discussed at LNWM’s Monday morning briefing: — US private sector payrolls fell by 20.2 million jobs in April, the worst monthly job loss ever, although m
Headlines discussed at LNWM’s Monday morning briefing: — US GDP slumped 4.8% annualized first-quarter 2020, ending the longest economic expansion on record. —